The finance minister's meeting with chief executives and managing directors of banks ahead of the Union Budget assumes significance in view of the critical role the banking sector plays in boosting consumer demand across sectors. Sitharaman is expected to present her second Budget on February 1, 2020.
Imported onions have started arriving. About 1,160 tonne has reached India. Additional 10,560 tonne of shipments are expected to arrive in the next 3-4 days Both red and yellow onions have been imported from Turkey, Egypt and Afghanistan. The shipments are landing at Mumbai port, the official said.
India bucks the global trend of pessimism as 69 per cent urban Indians feel that the country is on the right track compare to 61 per cent global citizens who feel their country is on the wrong track. Poverty and social inequality are the top worries for global citizens followed by unemployment, crime and violence, financial and political corruption.